Announced Thu, 1 Oct, 2026 · 18:53 IST
Shardul Securities AGM approves buyback at Rs 60 per share
SHARDUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹58.00
prior close
₹58.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.7-1.5-2.4+0.7+0.6+0.0———————
Up moveDown movePending
AI summary
Shareholders approved a buyback of up to 1.92 crore equity shares (about 21.94 percent of paid-up capital) at Rs 60 per share through tender offer route. Total cash outflow up to Rs 115.20 crore. Offer price is at a 43.08 percent premium over 3-month average market price and 50.26 percent over the August 7 closing price. Promoters will also tender their shares. 15 percent reserved for small shareholders. Funded from free reserves.
Likely market impact
Positive signal. Buyback at 50 percent premium returns cash to shareholders, reduces share count, and may lift earnings per share.